PRACTICAL STEPS INVOLVED IN SOLVING PERT PROBLEMS
The practical steps involved in solving PERT problems are given below:
Step 1→ | Prepare a table showing Expected Duration and Variance for each activity of the project: |
Where, Expected Duration Standard Deviation Variances (σ2) = Square of standard deviation | ||
Step 2→ | Draw a Project Network of Activities (or Jobs) based upon Expected Duration of the Activities. | |
Step 3→ | Find out ... |
Get Quantitative Techniques: Theory and Problems now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.